93
93
Dec 30, 2012
12/12
by
FBC
tv
eye 93
favorite 0
quote 0
rich edson, we have been waiting for this all day long. we had cameras at the white house watching people exit. do you think this comes as a disappointment to most people? the resolution of today and of that meeting? were leaving something good can come from a? >> i think after you hear from leadership and the president, when you got the first reports, the administration officials have basically put on the table what he had been reiterating last week in his speech. what was basicly what he had put on throughout the entire campaign. just deal down version. it didn't look all that ood. but as you now have this assignment for the senate leaders to get together and hammer something out, on a scale that we have been talking about right now, this is the only shot we havto avoid the fiscal cliff. the fact that they are giving another shot over the next 48 hours, it is probably as good of a result from the meeting s you could've expected. gerri: i love ending on an optimistic note. that is nitely good news. i would like to thank all my guests are
rich edson, we have been waiting for this all day long. we had cameras at the white house watching people exit. do you think this comes as a disappointment to most people? the resolution of today and of that meeting? were leaving something good can come from a? >> i think after you hear from leadership and the president, when you got the first reports, the administration officials have basically put on the table what he had been reiterating last week in his speech. what was basicly what...
83
83
Dec 18, 2012
12/12
by
FBC
tv
eye 83
favorite 0
quote 0
rich edson has been on top of every made being made inside the beltway. find out what's in the plans and the hit that you could be taking. liz: plus take a look at this, hovnanian, hov, up nearly 300% this year, actually more than that. can it keep rising at this pace as housing continues to recover? we have the ceo and president of hovnanian enterprises. what does 2013 going to look like? better than that? david: let's hope. [ male announcer ] this is amy. amy likes to invest inhe market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behing. which isn't rocket scnce. it's just comm sense. from td ameritrade. david: s&p futures are closing right now. let's go back to the cme group. larry as we ended the trading day, we saw a little drop off. did that continue into the futures? >> it did. we see a little bit of drop-off in the futures. keep in m
rich edson has been on top of every made being made inside the beltway. find out what's in the plans and the hit that you could be taking. liz: plus take a look at this, hovnanian, hov, up nearly 300% this year, actually more than that. can it keep rising at this pace as housing continues to recover? we have the ceo and president of hovnanian enterprises. what does 2013 going to look like? better than that? david: let's hope. [ male announcer ] this is amy. amy likes to invest inhe market. she...
68
68
Dec 11, 2012
12/12
by
FBC
tv
eye 68
favorite 0
quote 0
rich edson reporting from washington. thank you very much. liz: david, the news changes, and day-to-day, breaking news now, adam on dish. >> yeah, move over verizon, at&t, with the dish of dish if you want a new cell phone company. three of five fcc commissioners approved a rule change as of today, and it would allow support for the dish speck rum rule change for a wireless network. dish could then, perhaps, as sale at capacity for the u.s. market so the fcc, looks as if is clearing the way for dish. back to you. david: boy, a more ever-crowded market in the cell field. competition is good for consumers, not a bad thing. thank you very much. liz: washington, still, as you know, not coming to a solution on the fiscal cliff with the clock ticking louder than ever. coming up, we are joined exclusively by the former treasury secretary paul o'kneel and how he would solve the crisis. david: big labor taking a big hit, right it work bills sent to the governor's desk who is joining us live after the break. ♪ ins. i didn't see them coming. i have ob
rich edson reporting from washington. thank you very much. liz: david, the news changes, and day-to-day, breaking news now, adam on dish. >> yeah, move over verizon, at&t, with the dish of dish if you want a new cell phone company. three of five fcc commissioners approved a rule change as of today, and it would allow support for the dish speck rum rule change for a wireless network. dish could then, perhaps, as sale at capacity for the u.s. market so the fcc, looks as if is clearing...
127
127
Dec 14, 2012
12/12
by
FBC
tv
eye 127
favorite 0
quote 0
rich edson live in a bell with latest. dave: speaking of the fiscal cliff is it really changing the way companies plan to do business next year? the ceo of stephen shipman joins us with an exclusive look at their latest cfo survey. how are cfos planning what washington can decide? liz: state across the country must decide today who will be setting of the mandatory health insurance exchange required by the health care act. the decision could have a big impact on your coverage and the prices you will pay and maybe insurance stocks. we will break down the numbers for you straight ahead. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. th's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily.. or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. but with advair, i'm breathing better.
rich edson live in a bell with latest. dave: speaking of the fiscal cliff is it really changing the way companies plan to do business next year? the ceo of stephen shipman joins us with an exclusive look at their latest cfo survey. how are cfos planning what washington can decide? liz: state across the country must decide today who will be setting of the mandatory health insurance exchange required by the health care act. the decision could have a big impact on your coverage and the prices you...
81
81
Dec 20, 2012
12/12
by
FBC
tv
eye 81
favorite 0
quote 0
rich edson in washington. you want to stay with fox business for full coverage of the fiscal cliff showdown. neil cavuto will be all over at 8:00 eastern time. dennis: fiscal cliff phobia rising as the deadline approachedes, three possible scenarios womb. there is a long-term solution, compromise or going over the cliff and here with two different views on what is going to happen and who the winners and losers might be are the financial chief market strategist and ted parish of investments, let's start with you, you have the boldest prediction, you think there's a 55% chance we go over the cliff and yet you are not calling for any major change in your stock portfolio. why is that? >> i don't think there's any chance of getting a long-term solution given the frustration they're having with each side. compromise before the end of the year is lower than actually going over. i think we will go over the cliff but we will have time in the new year to actually come back and fix things in a hurry to ward off implicati
rich edson in washington. you want to stay with fox business for full coverage of the fiscal cliff showdown. neil cavuto will be all over at 8:00 eastern time. dennis: fiscal cliff phobia rising as the deadline approachedes, three possible scenarios womb. there is a long-term solution, compromise or going over the cliff and here with two different views on what is going to happen and who the winners and losers might be are the financial chief market strategist and ted parish of investments,...
182
182
Dec 17, 2012
12/12
by
FBC
tv
eye 182
favorite 0
quote 1
rich edson is in d.c. rich: there is some movement on this finally. speaker boehner is at the white house right now meeting with president obama. the last framework that they have on the table -- a trillion dollars in spending cuts. democrats still want an increase in the debt ceiling. republicans feel if they are going to do a trojan dollars in revenue increases, they figure if you get a debt ceiling increase on that, they will want another trillion dollars or more in cuts. right now, house speaker john boehner and president obama working on this framework. there are bits of optimism in washington. this is still something that has to be sold to house republicans. house republicans in the senate. the thought that something like that could easily get through congress, we have a long way to go. they are meeting at the white house right now. connell: there is the working framework on the screen. we are getting there. i think rich put it best. we have a ways to go. dagen: 1.4 trillion, 1 trillion from boehner, 1.4 for president. let's bring it to gather.
rich edson is in d.c. rich: there is some movement on this finally. speaker boehner is at the white house right now meeting with president obama. the last framework that they have on the table -- a trillion dollars in spending cuts. democrats still want an increase in the debt ceiling. republicans feel if they are going to do a trojan dollars in revenue increases, they figure if you get a debt ceiling increase on that, they will want another trillion dollars or more in cuts. right now, house...
80
80
Dec 11, 2012
12/12
by
FBC
tv
eye 80
favorite 0
quote 0
cheryl: rich edson. dennis: the dow losing 112, they're starting to catch wind that john boehner will say something depressing instead of hopeful. clearly betting on good news. cheryl: rich edson obviously standing by, thank you, we will take those live comments from john boehner when you guys appear on the house floor. dennis: i will go with this. even if we do avoid the fiscal cliff our next guest says a european blow up and apple topping out could be bigger holders for the market in 2013. there is gary kaltbaum, thank you for joining us. you think we will have an accord. we have got to stop. we have the house speaker. we will be with you in a minute. >> wondering when is the president going to get serious? i yield back. >> the chair recognizes the gentleman from pennsylvania five minute. >> mr. speaker, i rise today to recognize victor they carlo for receiving the national order -- cheryl: obviously the gentleman standing by. we expected to hear from john boehner but didn't hear much. it was very brie
cheryl: rich edson. dennis: the dow losing 112, they're starting to catch wind that john boehner will say something depressing instead of hopeful. clearly betting on good news. cheryl: rich edson obviously standing by, thank you, we will take those live comments from john boehner when you guys appear on the house floor. dennis: i will go with this. even if we do avoid the fiscal cliff our next guest says a european blow up and apple topping out could be bigger holders for the market in 2013....
80
80
Dec 28, 2012
12/12
by
FBC
tv
eye 80
favorite 0
quote 0
dennis: let us pray, thank you, rich edson. why does washington always wait until the last panic stricken second before rival sides hammered out a compromise. juan williams, what is your opinion? will the compromise in time? >> your going cliff diving, will the markets panic? we have until january the following monday, and you get some kind of package or deal, might not be any grand bargain, when that would extend the bush tax cuts and the sequestration cuts take place. dennis: i was talking to a big investor who argued, any time there's a strike, management has to be grown up and do something to get workers back to work and in this case president obama's management and house republicans, is it time for the president to make a dramatic concession? >> you talking to a political analyst, who has political advantage, having won the election if you look at the polls is pretty clear. and republicans get the lion's share of the blame but this is what is missing in this equation. the american people expect president obama will show so
dennis: let us pray, thank you, rich edson. why does washington always wait until the last panic stricken second before rival sides hammered out a compromise. juan williams, what is your opinion? will the compromise in time? >> your going cliff diving, will the markets panic? we have until january the following monday, and you get some kind of package or deal, might not be any grand bargain, when that would extend the bush tax cuts and the sequestration cuts take place. dennis: i was...
117
117
tv
eye 117
favorite 0
quote 0
rich edson in dc with the latest on that. hey, rich. >> congressional republicans say the latest fiscal cliff shrugged off the concession on taxes. the administration is calling for a trillion and a half dollars in tax increases, and the other sticking point for republicans, much of it must be the results of tax rate increases, and that's a non-starter for republicans. >> flabbergastee. i looked, and i said, you can't be serious? i just never seen anything like it. we have seven weeks between election day and the end of the year, and three of those weeks have been wasted with this nonsense. >> okay. you heard for the first time in two decades now acknowledge revenues can go up as part of the balanced plan, a good first step, but they have to deal with rates and revenues. >> this talk has lawmakers and analysts skeptical. they could strike a deal to have hundreds of billions in tax increases set for january. still, both sides have been through the debate before. they know the options available to cobble a deal together. one ai
rich edson in dc with the latest on that. hey, rich. >> congressional republicans say the latest fiscal cliff shrugged off the concession on taxes. the administration is calling for a trillion and a half dollars in tax increases, and the other sticking point for republicans, much of it must be the results of tax rate increases, and that's a non-starter for republicans. >> flabbergastee. i looked, and i said, you can't be serious? i just never seen anything like it. we have seven...
83
83
Dec 17, 2012
12/12
by
FBC
tv
eye 83
favorite 0
quote 0
's go to rich edson reporting on the late e. rich? >> speaker and president are working with a framework t would cut spending by a trillion dollars over the next decade and raise tax revenue by a same amount on amounts over a million dollars and curbing deductions over a process congress would negotiate next year. they're talking about continuing and phasing out payroll tax cut, extended unemployment insurance, possibly a major sticking point for republicans, raising the debt ceiling. the white house says negotiators are trying to configure a deal with republicans that can pass congress and insure wealthier americans are >> any potential agreement would not only have to align with the president's principles. it would require tough choices by both sides including the president, and including republicans. it will not be a deal that any single person or either party is going to say, reflects exactly what they wanted. >> house speaker john boehner is speaking with house republican leadership now. tomorrow morning at their weekly meeting.
's go to rich edson reporting on the late e. rich? >> speaker and president are working with a framework t would cut spending by a trillion dollars over the next decade and raise tax revenue by a same amount on amounts over a million dollars and curbing deductions over a process congress would negotiate next year. they're talking about continuing and phasing out payroll tax cut, extended unemployment insurance, possibly a major sticking point for republicans, raising the debt ceiling. the...
147
147
tv
eye 147
favorite 0
quote 0
llri: rich edson, and he thinks. the market is taking a breather today. dupont and 3m are the biggest draggers on the dow. early stocks rising out of the gate out of some good news out of china over the night. hitting a seven month high, but then the u.s. isf number hit at 10:00 a.m. eastern and a wave of selling. manufacturing activity contracted in november. they say the factory index came in at 49.5 in november. down from almost 52 and october. keep in mind, any number below 50 means contraction. above 50 equals expansion. investors are still worried about tax treatment and dead deals. exelon, the worst of the bunch our first guest has seen it all. the u.s. economy they fall into a recession next year even if congress strikes a budget deal by year end. joining us from stanford, california, martin feldstein. thank you for being with us. the republicans now responding. negotiations well underway to avoid a fiscal cliff. to your point, you recently said, even if we reach a deal, the economy is still at series risk of a recession. >> that is right. we are
llri: rich edson, and he thinks. the market is taking a breather today. dupont and 3m are the biggest draggers on the dow. early stocks rising out of the gate out of some good news out of china over the night. hitting a seven month high, but then the u.s. isf number hit at 10:00 a.m. eastern and a wave of selling. manufacturing activity contracted in november. they say the factory index came in at 49.5 in november. down from almost 52 and october. keep in mind, any number below 50 means...
177
177
tv
eye 177
favorite 0
quote 0
dennis: thank you, rich edson, and the deadlock continues. when will both sides stop posturing and get down to serious negotiations? joined by republican congressman shawn duffy and democratic congressman jason altmeier. republicans willing to let us go encyst on raising rates on the rich? >> i think we have to say republicans have been willing to put a plan on the table, putting revenue on the table, $800 billion, but talking about cuts of $1.4 trillion, but the president, i mean, listen, this $1.6 trillion tax increase with a $50 billion stimulus plan a is proposal sent to the house and senate last year in the budget, and jason, along with all the democrats in the house and senate voted against it. if we need a solution, we need both people willing to come to the table and negotiate. the president is trying to play good politics instead of putting forward policy. i want a plan that avoids the cliff going over it, but we need an honest negotiating partner to do it. dennis: you did not answer, sir. are the republicans truly willing to let us
dennis: thank you, rich edson, and the deadlock continues. when will both sides stop posturing and get down to serious negotiations? joined by republican congressman shawn duffy and democratic congressman jason altmeier. republicans willing to let us go encyst on raising rates on the rich? >> i think we have to say republicans have been willing to put a plan on the table, putting revenue on the table, $800 billion, but talking about cuts of $1.4 trillion, but the president, i mean,...
1,033
1.0K
tv
eye 1,033
favorite 0
quote 0
melissa: rich edson, thank you so much. lori: let's continue this discussion. it is going to happen, it is exactly what the democrats want. according to scott hodge of the tax foundation. what are some alternatives to raising revenue? joining me with some ideas. to your point, you're written quite extensively on this topic. it seems the economy is poised to fall off the cliff and that's what the democrats and the president wants to happen. >> they want to allow all the bush tax cuts to expire. it happens naturally automatically. they don't even have to vote for it. in january we had to lower taxes for everybody. getting it very simply. lori: a lot of people are concerned. if we do go over the cliff, there's no resolution for the alternative minimum taxes, will not be passed that does not get resolved you have 20 million more americans who have to pay this tax otherwise wouldn't and again that could be good leverage for the republicans. how do you see that issue playing out? >> that is a big one because alternative minimum tax largely hits blue states, democrati
melissa: rich edson, thank you so much. lori: let's continue this discussion. it is going to happen, it is exactly what the democrats want. according to scott hodge of the tax foundation. what are some alternatives to raising revenue? joining me with some ideas. to your point, you're written quite extensively on this topic. it seems the economy is poised to fall off the cliff and that's what the democrats and the president wants to happen. >> they want to allow all the bush tax cuts to...
1,285
1.3K
Dec 10, 2012
12/12
by
FBC
tv
eye 1,285
favorite 0
quote 0
melissa: rich edson, thank you so much. interesting stuff. lori: federal reserve kicking up a meeting tomorrow, but with so much uncertainty surrounded by the fiscal cliff, what more can chairman ben bernanke and company do to reassure the market. a senior economist joins us. we know ben bernanke has been. warning us for months. the fed is doing everything it possibly can to pointing the finger at washington that it has to do more. do you think the economy has already suffered for lack of a deal to avoid the fiscal cliff? >> i think so. if we look at business investments declining in the third quarter, some as business nervousness. businesses are holding back on investment, near-term. lori: do agree the fittest and all they all they can in expecting an announcement of wanted it using three this week? the fed cannot solve this problem. >> they need to avoid most of the spending cuts and tax increases with economy likely to go under recession. the fed can help out somewhat but if we see those spending cuts and tax increases, we're likely to see
melissa: rich edson, thank you so much. interesting stuff. lori: federal reserve kicking up a meeting tomorrow, but with so much uncertainty surrounded by the fiscal cliff, what more can chairman ben bernanke and company do to reassure the market. a senior economist joins us. we know ben bernanke has been. warning us for months. the fed is doing everything it possibly can to pointing the finger at washington that it has to do more. do you think the economy has already suffered for lack of a...
121
121
Dec 31, 2012
12/12
by
FBC
tv
eye 121
favorite 0
quote 0
first, rich edson on capitol hill. the senate's orotund aware about an hour ago the senate finally got under way. >> reporter: good afternoon. right now they are discussing a current framework on how to address the sequester cuts, automatic government spending cuts that hit the federal budget starting this week. 94 billion for the year. they're discussing the current framework that would include protecting income amounts of less than $400,000 for individuals, 450,000 for couples , married families from a tax increase. this framework also includes keeping best -- estate tax levels where they are, extending the alternative minimum tax package that is preventing tens of millions of middle-class americans from having to pay the amt. a doctor checks, making sure that medicare doctors don't get a significant pay cut starting tomorrow and long-term unemployment insurance benefit. all these details and john how exactly they deal with the sequester, but it appears as though this remark is in place. they're dealing with the sequ
first, rich edson on capitol hill. the senate's orotund aware about an hour ago the senate finally got under way. >> reporter: good afternoon. right now they are discussing a current framework on how to address the sequester cuts, automatic government spending cuts that hit the federal budget starting this week. 94 billion for the year. they're discussing the current framework that would include protecting income amounts of less than $400,000 for individuals, 450,000 for couples , married...
142
142
Dec 28, 2012
12/12
by
FBC
tv
eye 142
favorite 0
quote 0
adam: rich edson on his way to the white house. for more on the last-ditch talks to avoid the fiscal clip i am joined by heritage foundation budget expert and data analyst director bill beach. , the conspiracy theory, in actuality both sides want us to go over the cliff to restore spending cuts and can enact tax cuts for some of us. do you think there's any credibility to that? >> may be more than a conspiracy theory. they both want to go over the cliff. in some respects it is an interesting effect. going over the cliff would definitely pushed equities down. i can't imagine it would do anything other than that but that makes bonds strong brand makes the interest rates the treasury pays on its notes last so there is kind of a funny silver lining for the short term for the federal government and the first three months while the economy slides into a lower level of economic activity, perhaps recession. there would be higher revenue so that makes it easier to handle the debt ceiling issues. adam: what i am recalling from a year ago is
adam: rich edson on his way to the white house. for more on the last-ditch talks to avoid the fiscal clip i am joined by heritage foundation budget expert and data analyst director bill beach. , the conspiracy theory, in actuality both sides want us to go over the cliff to restore spending cuts and can enact tax cuts for some of us. do you think there's any credibility to that? >> may be more than a conspiracy theory. they both want to go over the cliff. in some respects it is an...
137
137
Dec 20, 2012
12/12
by
FBC
tv
eye 137
favorite 0
quote 0
rich edson has more. >> these are the automatic spending cuts that are supposed to hit the economy in january. the total for next year is about $94 billion. the house will not only go to prott those earning a million dollars a year or less from a tax rate increase or any tax rate increase, that includes investment income, but they will also have a vote tomorrow that replaces the first year of what is known as the sequester. the $90 billion in cuts next year with cuts elsewhere in the federal government. originally the house was and when did you now it addresses that in their vote tomorrow. not sure what time it will go. again, the automatic spending cuts, after the military and other domestic spending, the house will go to replacement tomorr along with protecting those earning less than a million dollars a year from a tax increase. gerri: thank you for bringing it to us. thank you for your time. still to come, more fallout from instagram. the switch on handling your photos. after a thanksgiving weekend frenzy, holiday shopping is fizzling out. find out why and what retailers are doing
rich edson has more. >> these are the automatic spending cuts that are supposed to hit the economy in january. the total for next year is about $94 billion. the house will not only go to prott those earning a million dollars a year or less from a tax rate increase or any tax rate increase, that includes investment income, but they will also have a vote tomorrow that replaces the first year of what is known as the sequester. the $90 billion in cuts next year with cuts elsewhere in the...
155
155
Dec 13, 2012
12/12
by
FBC
tv
eye 155
favorite 0
quote 0
rich edson on capitol hill. thank you. tracy: that's a problem. while congressional leaders trade jabs on the fiscal cliff our next guest says the economy is totally at risk. without a deal we could go back into recession next couple months. joining us david blitzer, s&p dow jones indices managing director. you know, what happens if we go over the cliff but they quickly come to a resolution, they make everything retroactive back to jan 1, does that stave off recession? >> it probably saves off recession. there will be a lot of anxiety and concern. it is a long series of items. not just like one tax rule, one spending cut. it is pages and pages. never do anything in a few pages in washington. so you would have to unwind it but the concern is, and this is all growing like a labor negotiation. it doesn't start until about 11:55 p.m. at the midnight deadline. if boehner says he is going to a new year's eve party in ohio i would worry. if going home for the weekend that's fine. he has a couple weeks, all right? same thing goes for the president obvious
rich edson on capitol hill. thank you. tracy: that's a problem. while congressional leaders trade jabs on the fiscal cliff our next guest says the economy is totally at risk. without a deal we could go back into recession next couple months. joining us david blitzer, s&p dow jones indices managing director. you know, what happens if we go over the cliff but they quickly come to a resolution, they make everything retroactive back to jan 1, does that stave off recession? >> it probably...
93
93
Dec 27, 2012
12/12
by
FBC
tv
eye 93
favorite 0
quote 0
rich edson has the latest. rich: they are considering legislation here in the senate today. president obama says he called to talk to congressional leaders, democrats and republicans, last evening. there is no progress here to report. president obama put it all on the house. >> they are operating without the house of representatives. it is being operated with a dictatorship of the speaker, not allowing the vast majority to get what they want. if the 250 would be brought up, it would pass overwhelmingly speaking that 250 he is discussing that would keep tax rates where they are for income amount for less than $250,000 increased those earning more. house speaker says senator reed should talk less and legislate more. senate democrats have not. they want to extend all the current tax rates and avoid some of the spending cuts. democrats are on their opening offer. they basically have not moved anywhere. there is less than a week to go. >> senator reid talking about a less than $250,000 limit. speaking right. exactly. liz: more on the fiscal cliff. let's bring in peter. with us is
rich edson has the latest. rich: they are considering legislation here in the senate today. president obama says he called to talk to congressional leaders, democrats and republicans, last evening. there is no progress here to report. president obama put it all on the house. >> they are operating without the house of representatives. it is being operated with a dictatorship of the speaker, not allowing the vast majority to get what they want. if the 250 would be brought up, it would pass...
1,101
1.1K
Dec 11, 2012
12/12
by
FBC
tv
eye 1,101
favorite 0
quote 0
melissa: rich edson, thanks so much. urban outfitters is drumming up negative publicity with its profanity-laced stocking-stuffers. including $18 let something reminisce. lori: you can figure it out. what is that on the far side of the screen though? is that mistletoe? melissa: it was all something awesome photo album. you can figure it out. despite the criticism the stock is soaring today on upbeat fourth quarter sales outlook. so we want to know how important is morality when it comes to investing? >> say they weren't promoting fracking okay? lori: that was good, charles. >> it is interesting, urban outfitters, two major headlines. one on wall street, sales are ahead of schedule and blow out this quarter. one on main street is reflected in e-mail i got from an investor. for many years i purchased urban outfitter gift cards as presents for my teens. due to the crass nature of your advertising urban outfitters will not longer include revenue received from my family in your p and l he sent that to the company. here's the
melissa: rich edson, thanks so much. urban outfitters is drumming up negative publicity with its profanity-laced stocking-stuffers. including $18 let something reminisce. lori: you can figure it out. what is that on the far side of the screen though? is that mistletoe? melissa: it was all something awesome photo album. you can figure it out. despite the criticism the stock is soaring today on upbeat fourth quarter sales outlook. so we want to know how important is morality when it comes to...
121
121
Dec 27, 2012
12/12
by
FBC
tv
eye 121
favorite 0
quote 0
let's check with rich edson with the latest. >> tracy will have to come up with a new term. we will be saying this afternoon years. democrats and republicans deck at each other saying it is your turn to make a move, up to you to move next, no movement on capitol hill, and there was speculation the white house would send a proposal to capitol hill and that has been denied by an aide to the senate majority leader, harry reid taking to the senate floor saying he thinks it looks like we are headed over the fiscal cliff and he hang that on the house. >> if we go over the cliff and it looks like that is where we are headed the house of representatives, with four days left after the first of the year, are not here with the speaker having told them give them 48 hours notice. i can imagine their consciences, out wherever they are around the country and we are here trying to get something done. >> response from the speaker's office saying senator harry reid should talk wes and legislate more. the house have already passed legislation to avoid the fiscal cliff. democrats have not. hous
let's check with rich edson with the latest. >> tracy will have to come up with a new term. we will be saying this afternoon years. democrats and republicans deck at each other saying it is your turn to make a move, up to you to move next, no movement on capitol hill, and there was speculation the white house would send a proposal to capitol hill and that has been denied by an aide to the senate majority leader, harry reid taking to the senate floor saying he thinks it looks like we are...
1,137
1.1K
tv
eye 1,137
favorite 0
quote 0
rich edson in washington with the latest, rich? >> they are stuck on this offer, which the white house says is less of an offer and the same position the administration staked out in its jobs bill and deficit proposal over the last couple years. half trillion in tax increases or trillion and a half in tax increases, $600 billion in spending cuts, more spending, and a permanent increase in the debt ceiling. on fox news sunday, boehner called that deal a joke. >> just flabbergasted. i looked, and said, you can't be serious? i just never seen anything like it. we got seven weeks between election day and the end of the year. three of those weeks have been wasted with the nonsense. >> okay. you heard them, the first time in two decades now, acknowledge they want revenues up as the balanced plan, a good first steppedded, but they have to say what they do operates and revenues. that's hard for republicans. >> runs of billions of spending cuts, tax increases begin in less than a month, and with the negotiations, two sides are about where t
rich edson in washington with the latest, rich? >> they are stuck on this offer, which the white house says is less of an offer and the same position the administration staked out in its jobs bill and deficit proposal over the last couple years. half trillion in tax increases or trillion and a half in tax increases, $600 billion in spending cuts, more spending, and a permanent increase in the debt ceiling. on fox news sunday, boehner called that deal a joke. >> just flabbergasted. i...
159
159
Dec 14, 2012
12/12
by
FBC
tv
eye 159
favorite 0
quote 0
dagen: rich edson is following the action. rich: there are cell phone communication and airports in his area of ohio. he can come back if he needs to do so. even after last night's 50 minute meeting with president obama at the white house, there still is no significant movement towards a deal on the fiscal cliff. they have a frank and open conversation last night and the lines of communication remain open. the major difference here between both sides is you have democrats wanting an immediate tax rate increase on families earning more than $250,000 a year, more revenue and more specific increases and for republicans, they are looking for more in spending cuts, more entitlement changes, more commitments of that nature from democrats and they are not getting that. you also have republicans discussing what amounts to a backup plan if the impasse continues and we do head towards the fiscal cliff and nearly every federal tax rate is said to increase. if that happens, what will the house of representatives due to lack if you do not
dagen: rich edson is following the action. rich: there are cell phone communication and airports in his area of ohio. he can come back if he needs to do so. even after last night's 50 minute meeting with president obama at the white house, there still is no significant movement towards a deal on the fiscal cliff. they have a frank and open conversation last night and the lines of communication remain open. the major difference here between both sides is you have democrats wanting an immediate...
1,106
1.1K
Dec 20, 2012
12/12
by
FBC
tv
eye 1,106
favorite 0
quote 0
rich edson from d.c. thanks. >> thanks. tracy: for more on the cliff and its impact on the markets, steve wood, russell investments chief market strategist. steve, we've got a dow that is up about 4% over the course of the last month. in the midst of all this, what is the market saying? >> i think the market is pricing in the fact that the fiscal cliff doesn't give us its full impact. if you look at funding liquidity, libor, high frequency financial data and markets they're saying something will get done, piecemeal, probably but something will get done. we'll not get the full blast of the fiscal cliff. tracy: we said before on here does it matter what kind of deal it is? is it any deal? a bad deal could be a bad deal? >> true. all in the sequencing. there is the spending and sequestration. and taxes for most people will come due april 2014. unless you're a quarterly filer. if they do the spending and deal with taxes if they buy themselves time in the interrim and make a commitment to the grand bargain, this long-term fiscal
rich edson from d.c. thanks. >> thanks. tracy: for more on the cliff and its impact on the markets, steve wood, russell investments chief market strategist. steve, we've got a dow that is up about 4% over the course of the last month. in the midst of all this, what is the market saying? >> i think the market is pricing in the fact that the fiscal cliff doesn't give us its full impact. if you look at funding liquidity, libor, high frequency financial data and markets they're saying...
80
80
tv
eye 80
favorite 0
quote 0
rich edson live in washington. we know this has been planned for a long time, but nonetheless, now we're just dead in the water for the moment. >> reporter: we are. and just a couple of minutes ago "the wall street journal" coming out with a headline that budget talks have resumed between the president's staff and the speaker's staff. that's something that we're going to check on ourselves in just a couple of minutes with both sides still stuck over tax rates, that still remains the issue. the house is out until tuesday, republican lawmakers say they'll speak with small businesses while back in their districts to discuss the president's tax plan and highlight what they call his small business tax hike. president obama spent his afternoon in northern virginia again pushing his case for raising taxes on families earning more than $250,000 a year. >> i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that
rich edson live in washington. we know this has been planned for a long time, but nonetheless, now we're just dead in the water for the moment. >> reporter: we are. and just a couple of minutes ago "the wall street journal" coming out with a headline that budget talks have resumed between the president's staff and the speaker's staff. that's something that we're going to check on ourselves in just a couple of minutes with both sides still stuck over tax rates, that still remains...
109
109
Dec 28, 2012
12/12
by
FBC
tv
eye 109
favorite 0
quote 0
rich edson at the white house where president obama is about to meet with key members of congress, and, rich, there's talk of a scaled down deal put forth by the president. what have you heard? >> it that is the discussion. you have harry reid, mitch mcconnell arriving at the white house, should have house leadership shortly to begin a meeting, a last ditch effort to try to help the economy avoid the fiscal cliff, or at least pieces of it, and, yes, the buzz around washington is a possible path forward that aids describe as preventing tax increase for income amounts of $400,000 or $500,000 or so, extend unemployment insurance, but, still, nothing has been agreed to. all in washington are waiting to see how this meeting goes. it's just about to start here in dc. meanwhile, on capital hill, the fighting continues, and in some corners, a sense of pessimism. >> if we don't have a deal within the next 24 hours, the question is where do you buy a parachute? we'll be going over the cliff because the closer we get to the end, the less likely it is you can compress an agreement into place that
rich edson at the white house where president obama is about to meet with key members of congress, and, rich, there's talk of a scaled down deal put forth by the president. what have you heard? >> it that is the discussion. you have harry reid, mitch mcconnell arriving at the white house, should have house leadership shortly to begin a meeting, a last ditch effort to try to help the economy avoid the fiscal cliff, or at least pieces of it, and, yes, the buzz around washington is a...
168
168
Dec 31, 2012
12/12
by
FBC
tv
eye 168
favorite 0
quote 0
complete coverage with rich edson on capitol hill. peter barnes of the white house. rich chemistry to you. >> reporter: they are close. they do have a framework. the outstanding issue is what to do about all those automatic spending cuts known as the sequester that are supposed to start tomorrow, $94 billion in 2013 alone. take a look at the framework, basically what they have agreed to. the tax portion exams and, 400,000 for individuals, foreign and $50,000 for families from a tax increase amounts of more than that would go back to the clinton era top rate of 39% also including capitol gains and dividends. they stay where they are for amounts over 40450. they go up to 20%. permanently attaching the alternative minimum tax and sharing million americans avoiding. there is a 1-year extension of long-term and is chief of unemployment insurance benefits. there could be a slight delay in the spending cuts known as a sequester. still working now right now, but this is a letter that senator mitch mcconnell minority leader in initiating this republicans have sent to a fellow
complete coverage with rich edson on capitol hill. peter barnes of the white house. rich chemistry to you. >> reporter: they are close. they do have a framework. the outstanding issue is what to do about all those automatic spending cuts known as the sequester that are supposed to start tomorrow, $94 billion in 2013 alone. take a look at the framework, basically what they have agreed to. the tax portion exams and, 400,000 for individuals, foreign and $50,000 for families from a tax...
86
86
Dec 27, 2012
12/12
by
FBC
tv
eye 86
favorite 0
quote 0
rich edson on capitol hill with the latest, rich. >> good afternoon, ashley. so the senate isn't working today. there was pressure on house republicans to bring house members back. they're doing that now. this according to republican source on a conference call. house majority leader eric cantor telling republican members they should be back on sunday evening to be prepared to work. though much like the senate they have nothing to vote on right now. it is a positive sign if congressional leaders reach some type of a deal the house and senate will be in town to get votes on the record, but still there is no deal worked out right now between top democrats and top republicans in washington. house republicans are calling on the senate to pass their various proposals dealing with the fiscal cliff. the senate majority leader says it is up to the house to pass the senate plan. >> so i say to mr. speaker, take the escape we have left you. put the economic fate of the nation ahead of your own fate as speaker of the house. millions of middle class families are nervously
rich edson on capitol hill with the latest, rich. >> good afternoon, ashley. so the senate isn't working today. there was pressure on house republicans to bring house members back. they're doing that now. this according to republican source on a conference call. house majority leader eric cantor telling republican members they should be back on sunday evening to be prepared to work. though much like the senate they have nothing to vote on right now. it is a positive sign if congressional...
211
211
tv
eye 211
favorite 0
quote 0
ashley: rich edson, thanks so much. tracy: well more companies are accelerating their dividend payments. so we heard from campbell's soup and coach. some of the latest getting cash to shareholders ahead of fiscal cliff. oracle taking it a step further. moving up three dividend payments before the end of the year. for more on this, we're joined by gary kaltbaum, president of cat obama capital management and fox news contributor. gary, i'm glad you're here. this has to be backfire at some point where companies are taking loans to make different dernds. that can't be good at the end of the day. >> look, capital will flow and move to where it is treated best and when it is treated best and right now is when. i can tell you next year taxes are going up. they're taking advantage of lower taxes this year. somebody like larry ellison is taking out a quarter of a billion dollars and gets to pay less taxes on it. it is a good move. realize with these companies with the fed keeping rates down and bond yields way down they can offe
ashley: rich edson, thanks so much. tracy: well more companies are accelerating their dividend payments. so we heard from campbell's soup and coach. some of the latest getting cash to shareholders ahead of fiscal cliff. oracle taking it a step further. moving up three dividend payments before the end of the year. for more on this, we're joined by gary kaltbaum, president of cat obama capital management and fox news contributor. gary, i'm glad you're here. this has to be backfire at some point...
165
165
Dec 14, 2012
12/12
by
FBC
tv
eye 165
favorite 0
quote 0
rich edson with the latest in d.c. you were there outside the white house last night for that frank meeting. we got nothing out of that, did we? >> right. i was going to say, tracy. congress has been in session all week. house speaker john boehner has been here all week. the president has been here all week. we haven't made any ground up. you're looking at structure house speaker john boehner is back in ohio. president is back here. he is accessible by phone. can jump on an airplane to come back here. what we're hearing from the meeting with aides close to the process they'rr saying still no movement on the fiscal cliff. the big part is being at thats. democrats want tax rates to increase, starting in january, on families earning more than $250,000 a year. the republican argument is that it would stunt the economy. it would hurt economic growth and hurt small businesses and white house basicallyally says, republicans are wrong. >> we had a little recent history to compare which kinds of economic plans work and the impa
rich edson with the latest in d.c. you were there outside the white house last night for that frank meeting. we got nothing out of that, did we? >> right. i was going to say, tracy. congress has been in session all week. house speaker john boehner has been here all week. the president has been here all week. we haven't made any ground up. you're looking at structure house speaker john boehner is back in ohio. president is back here. he is accessible by phone. can jump on an airplane to...
990
990
tv
eye 990
favorite 0
quote 0
rich edson, from washington. it was a fire drill. we'll vote on the debt ceiling. no we'll not vote on the debt ceiling. >> a little bit. the senate version of that, which is little more muted that is kind of an idea behind it. this argument goes well beyond just raising tax rates. though that is the most significant obstacle in reaching a debt deal. but the white house wants congress to cede its authority to raise the federal borrowing limit and allow the president to request increased in the debt ceiling and only be denied in a -- if a supermajority in congress objections. republicans kuhl that a power grab. the white house says he is simply trying to avert another debt ceiling panic. >> i would ask american business, i would ask american workers whether they think that what happened in the summer of 2011 when republicans, some with great enthusiasm, threatened to have the united states default for the first time in its history. >> look, the only way we ever cut spending around here is using debate over the debt limit to do it. now the president wants to remove t
rich edson, from washington. it was a fire drill. we'll vote on the debt ceiling. no we'll not vote on the debt ceiling. >> a little bit. the senate version of that, which is little more muted that is kind of an idea behind it. this argument goes well beyond just raising tax rates. though that is the most significant obstacle in reaching a debt deal. but the white house wants congress to cede its authority to raise the federal borrowing limit and allow the president to request increased...
85
85
Dec 6, 2012
12/12
by
FOXNEWS
tv
eye 85
favorite 0
quote 0
fox business network's rich edson is live from washington. so are we seeing any movement in these talks at all, rich? >> some, jon. a house aide says president obama and house speaker john boehner spoke on the phone yesterday afternoon. that is their first conversation in a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts. aides refuse to say if the president and speaker are now closer to a deal. for both sides a little more campaigning. president obama heads to northern virginia this afternoon. the white house says he will meet with a middle class family to press congress to protect those making less than $250,000 a year from tax increases and raise rates on those making more. house republicans return to their congressional districts. they will meet with small business owners to underscore how they say tax rate increases will hit those business, jon. jon: are they still hung up on taxes? is that the big sticking point? >> yes. taxes are the key to this debate. republicans sa
fox business network's rich edson is live from washington. so are we seeing any movement in these talks at all, rich? >> some, jon. a house aide says president obama and house speaker john boehner spoke on the phone yesterday afternoon. that is their first conversation in a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts. aides refuse to say if the president and speaker are now closer to a deal. for both sides a little...
970
970
Dec 17, 2012
12/12
by
FBC
tv
eye 970
favorite 0
quote 0
rich edson in washington, d.c., with one of the hardest to take back all over this. >> there is progress, but there is still significant obstacles to securing a deal. president obama posted 45 minutes meeting this morning with john boehner and tim geithner trying to come up with a framework to cut spending and raise tax revenue by the same amount with a rate increase the amount of more than a million dollars, curbing deductions through a process congress would negotiate next year. also discussing continuing and facing a payroll tax cuts, extending unemployment benefits and raising the debt ceiling. with that spending hike absent, the administration expects any deal with the speaker to have the support of republicans. >> is the leader of house of representatives colleague of the house republican congress and i believe most powerful elected official in the land. we won't tell him how he should work with the conference, but we are obviously engaged in a conversation with the speaker and his staff another leadership members and the parameters of the agreement. rich: so talks continue. it app
rich edson in washington, d.c., with one of the hardest to take back all over this. >> there is progress, but there is still significant obstacles to securing a deal. president obama posted 45 minutes meeting this morning with john boehner and tim geithner trying to come up with a framework to cut spending and raise tax revenue by the same amount with a rate increase the amount of more than a million dollars, curbing deductions through a process congress would negotiate next year. also...
88
88
Dec 27, 2012
12/12
by
FBC
tv
eye 88
favorite 0
quote 0
rich edson on capitol hill, have i got the gist of it right? blamed the republicans, it is all your fault. >> that is about it. the senate wants the house republican conference to pass the bill the senate passed a few months ago and house republicans want to pass the bill they passed a few months ago. it is save to say we are basically where we started in this whole thing a few days before the fiscal cliff. dave: it is they fight. flat out political fight. i guess you can expect that as the deadline draws close but it doesn't take us any closer to any kind of deal, does it? >> if anything it takes us further from a deal and the quote from senate majority leader basically said the house of representatives is being operated as a dictatorship for not letting the senate bill had the house floor. stuart: we are out of time. it is thursday, almost lunchtime, you have friday and monday, that is all we have got. >> looks like it. stuart: thanks very much. as of this moment it looks like we are going over the cliff and the dow is down 66 points. the 1,0
rich edson on capitol hill, have i got the gist of it right? blamed the republicans, it is all your fault. >> that is about it. the senate wants the house republican conference to pass the bill the senate passed a few months ago and house republicans want to pass the bill they passed a few months ago. it is save to say we are basically where we started in this whole thing a few days before the fiscal cliff. dave: it is they fight. flat out political fight. i guess you can expect that as...
118
118
Dec 12, 2012
12/12
by
FBC
tv
eye 118
favorite 0
quote 0
rich edson is in washington d.c. bureau. what is the very latest? rich: in a republican congressman with knowledge of the talks as the two side are farther apart than they were last summer when debt talks between president obama and john boehner fell apart. republicans and democrats have new debt proposals on the table. the speaker says there are still serious differences. >> the president is calling for $1.4 trillion -- that cannot pass the house or the senate. >> force is a question of balance. we are willing to make sure everyone in america sacrifices a little. even those who have been struggling. liz: congress is running out of time to get this wrapped for christmas. the speaker would have to cover significant ground giving congress the week it needs to write, sell land pass any deal next week. aides say they are not close to a compromise. house majority leader eric cantor says republicans are prepared to work on this on the way up to the new year. cheryl: so much for christmas eve in eric cantor's household. thank you very much. much of the dis
rich edson is in washington d.c. bureau. what is the very latest? rich: in a republican congressman with knowledge of the talks as the two side are farther apart than they were last summer when debt talks between president obama and john boehner fell apart. republicans and democrats have new debt proposals on the table. the speaker says there are still serious differences. >> the president is calling for $1.4 trillion -- that cannot pass the house or the senate. >> force is a...
1,069
1.1K
Dec 18, 2012
12/12
by
FBC
tv
eye 1,069
favorite 0
quote 0
rich edson live in d.c. with all the latest on the wrangling that is going on. >> house republicans gather a few hours for more details on john boehner's backup plan. that is a proposal to prevent attacks rate increase on families earning less than the one million dollars the year in john boehner's plan b is a nonstarter. the white house says the president has offered a reasonable bipartisan compromise. john boehner says that is not so. >> white house offer was $1.3 trillion in new revenue for $850 billion in net spending reductions. that is not balanced in my opinion. >> jay carney says the president has demonstrated he is willing to move towards republicans and using as evidence the fact the speaker has raised his threshold and the president raised his threshold for tax increases from $250,000 to $400,000. despite the not back a plan john boehner says he will continue to negotiate a larger bipartisan-deal with the president. the speaker's backup plan fails to address the automatic spending cuts scheduled t
rich edson live in d.c. with all the latest on the wrangling that is going on. >> house republicans gather a few hours for more details on john boehner's backup plan. that is a proposal to prevent attacks rate increase on families earning less than the one million dollars the year in john boehner's plan b is a nonstarter. the white house says the president has offered a reasonable bipartisan compromise. john boehner says that is not so. >> white house offer was $1.3 trillion in new...
116
116
Dec 13, 2012
12/12
by
FBC
tv
eye 116
favorite 0
quote 0
we have rich edson joining cheryl and me. starting with rich, you're initial reaction, rich? >> well, we're in the same spot we've been in the last, really, few weeks here. look at what republicans want. they want an offer from the president, one that puts more spending cuts on the table, and they are not going to move until they get that. the move from the democrats is consistent. they want to delink the rates. in other words, they want to allow tax rates to increase on families earning more than $250,000 a year, house speaker john boehner asked a short while ago if he'd rule out putting a bill on the house floor to allow tax rates just automatically reset for weptier americans, and basically dodged the question, not saying in or out as far as ruling that out, a major republican bargaining chip on the table right now, but, still, if you get to the point later in the year with no movement, do republicans want to be seen as protecting the wealthy while everyone's tax rates go up? dennis: the republican party losing faith in itself? this is only going to add to the problem. >>
we have rich edson joining cheryl and me. starting with rich, you're initial reaction, rich? >> well, we're in the same spot we've been in the last, really, few weeks here. look at what republicans want. they want an offer from the president, one that puts more spending cuts on the table, and they are not going to move until they get that. the move from the democrats is consistent. they want to delink the rates. in other words, they want to allow tax rates to increase on families earning...
114
114
Dec 27, 2012
12/12
by
KTVU
tv
eye 114
favorite 0
quote 0
southern california edson wants to run a unit. >> this morning the labor department reported a better than expected report on the number of jobless claims, 350,000 people filed for first time unemployment benefits. that's down 12,000 from the week before. most economists had expected the number to hold steady from the week before but the decline may be because of the christmas holidays. >>> there are more signs the economy is improving. the commerce department said that sales of new homes rose 4.4% in november. the numbers show that americans bought new homes at the fastest pace in more than two and a half years. demand for newhouses was up more than 15%. >>> and consumer confidence has fallen because people are worried about the fiscal cliff. the conference board's index has hit the lowest level since august. the concern is over tax increased set to take effect january 1st if the white house and congress can't reach a deal. >> amazon getting high marks, shoppers said it the site they are most satisfiedw. they have held that spot for all eight years and part of the reason is the wide
southern california edson wants to run a unit. >> this morning the labor department reported a better than expected report on the number of jobless claims, 350,000 people filed for first time unemployment benefits. that's down 12,000 from the week before. most economists had expected the number to hold steady from the week before but the decline may be because of the christmas holidays. >>> there are more signs the economy is improving. the commerce department said that sales of...
151
151
Dec 9, 2012
12/12
by
FOXNEWS
tv
eye 151
favorite 0
quote 0
last year, the power company con-edson which owns half threatened to evict them because of unpaid back rent. clayton, favorite of the day. >> clayton: the twinkies, and ding-dongs and ho ho. a massachusetts man wants to save hostess. he sent a four page handwritten letter and he said i'm not typing it. no, i love hostess so much i'm writing it out and contacted the ceo. the bankruptcy judge and the supreme court justice john roberts offering to buy the company. sheridan explained that he's been want to go buy a company for a long time and doesn't have the money to do it and even though the offer is is a long shot. the court will consider it. the deadline to those interested in buying hostess is tomorrow. mike, i know you've been wanting to buy a company. >> here is my note now, dear hostess, i want to buy your ho-hoes, the ho-ho of the ding-dong division. >> you don't want the devil dog division. (laughter) >> yeah, you're so-- >> we'll see if no money is a problem. >> clayton: a handwritten letter. >> alisyn: let's go out to maria molina, how the weather is. >> maria: good morning, go
last year, the power company con-edson which owns half threatened to evict them because of unpaid back rent. clayton, favorite of the day. >> clayton: the twinkies, and ding-dongs and ho ho. a massachusetts man wants to save hostess. he sent a four page handwritten letter and he said i'm not typing it. no, i love hostess so much i'm writing it out and contacted the ceo. the bankruptcy judge and the supreme court justice john roberts offering to buy the company. sheridan explained that...